CDJ Global Catalyst LLC

June 24, 2011 12:45 ET

CDJ Announces Acquisition of Shares of C.A. Bancorp Inc.

NEW YORK, NEW YORK--(Marketwire - June 24, 2011) - CDJ Global Catalyst LLC ("CDJ") announced that from May 24, 2011 until June 23, 2011, CDJ acquired, for its managed client accounts in respect of which it exercises sole discretion, an aggregate of 267,000 common shares of C.A. Bancorp Inc. (TSX:BKP) ("CAB") representing approximately 2.18% of the total issued common shares of CAB. The common shares were purchased for an average price of $2.32 per share.

Combined with the shares held by client accounts in respect of which CDJ exercises sole discretion, CDJ now has control over 2,377,851 CAB common shares, representing approximately 19.38% of the total issued and outstanding common shares of CAB. The common shares were acquired through the facilities of the TSX for investment purposes.

At the date hereof, CDJ does not intend to acquire 20% or more of any class of securities of CAB nor does it intend to make a formal take-over bid.

Contact Information

  • CDJ Global Catalyst LLC
    Colin King
    (212) 521-1108
    623 5th Avenue, 16th Floor
    New York, NY
    10022 - 6831